In the business world, the individual who builds a spreadsheet is rarely the person who uses it.
With OAK’s Summarize tool, you can gain a comprehensive overview of an entire workbook, significantly reducing the risk of errors slipping through the cracks. This invaluable feature provides users with an in-depth understanding of the logic behind the spreadsheet’s structure, layout, and formulas.
By offering a detailed summary of key information, such as the number of sheets, the presence of hidden sheets, and the ratio of inputs to formulas, the Summarize tool ensures that you can review and interpret your data with confidence and clarity.
When performing advanced financial modelling in Excel, implementing processes for error detection is crucial. For those who build spreadsheets, OAK’s Summarize tool can efficiently identify more error-prone formulas with a list of formulas scored by risk, confirming that a workbook does not contain any error cells when released to the end user.
The distinct formulas report lists all of the distinct formulas in a workbook or selected worksheets. A distinct formula is inconsistent with the formula in the cell to its left and with the formula in the cell above.
When building financial models in Excel, conducting a thorough formula risk analysis is crucial. The risk analysis report lists all of the distinct formulas in a workbook, along with a count of the number of occurrences of a selection of formula elements that, based on Operis’s 30 years of modelling experience, are prone to errors. These are summed to produce an overall risk score.
The workbook summary report lists the sheets selected to be summarized and analyzes the unprotected worksheets for a range of information, from the number of blank rows, columns and dynamic array formulas to the number and percentage of the cells in use containing constants.
The summarize command is useful in the following situations:
When you select the Summarize command from the OAK menu, a task pane will be displayed, giving you a few options to choose from.
The Summarize Workbook, List Distinct formulas, List Referred Constants, Risk Analysis,Cross References and Range Names generate different reports compiled on a new workbook. The lists allow you to choose which workbook or individual sheets to summarize.
Yes. We’re pleased to provide a 30-day free trial, allowing you to test OAK’s ability to create summary worksheets in Excel for yourself.
